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Editorial Results (free)

1. LNR Buys Germantown Apartments for $17.1M -

7491 Wyndhurst Place or
7455 Wolf River Blvd.
Germantown, TN 38138

2. LNR Partners Buys Germantown Apts. -

DMARC 2006-CD2 Wyndhurst Place LLC, an entity affiliated with Miami-based LNR Partners LLC, has bought Oakwood temporary housing apartment complex at 7455 Wolf River Blvd. in Germantown at a foreclosure sale for $17.1 million.

3. Preserve at Southwind Sells for $19.9 Million -

The Preserve at Southwind was sold back to the lender Tuesday afternoon on the Shelby County Courthouse steps for $19.9 million.

After two planned foreclosure sales of the 306-unit apartment complex had been adjourned, Wells Fargo Bank NA – operating in the transaction as 7991 Capilano Drive Holdings LLC – reclaimed the property with no other bidders showing up for the auction.

4. Preserve Auction Adjourned to May 28 -

Friday’s scheduled auction of the Preserve at Southwind Apartments near Hacks Cross and Tenn. 385 in Southeast Shelby County has been adjourned to May 28 at noon.

The 306-unit complex will be auctioned to the highest bidder on the Shelby County Courthouse steps in a substitute trustee’s sale due to a foreclosure.

5. Tricky Market -

Because loan defaults are a common occurrence in this difficult financial climate, last week’s news that the 306-unit Preserve at Southwind Apartments had been foreclosed could easily be chalked up to a case of “another one bites the dust.”

6. Southwind Apartment Complex Foreclosed -

The 306-unit Preserve at Southwind Apartments near Hacks Cross Road and Tenn. 385 in Southeast Shelby County has been foreclosed and will be sold on the Shelby County Courthouse steps, according to a notice on Page 37 of today’s print edition of The Daily News and also at The Daily News Online, www.memphisdailynews.com.

7. Archived Article -

27.68 acres near
Wolf River Boulevard
Cost: $6.7 million

Borrower: Empirian Colonnade LLC and Bush Realty Colonnade LLC

8. Archived Article: Lead - New Jersey Company Invests in Memphis Multifamily

Empire Group Grows Memphis Portfolio

New Jersey company buys two more multifamily properties


The Daily News

Just months after investing more than $45 million in two Memphis...

9. Archived Article: Real Recap - 7491 Wyndhurst Place

Germantown Apartments Sell for $20.7 Million

7491 Wyndhurst Place

Germantown, TN 38138

Cost: $20.7 million

Buyer: Empirian Colonnade LLC, with an undivided 75 percent interest; and Bush Realty Colonnade LLC, with ...

10. Archived Article: Daily Digest - Colonnade at Germantown

Colonnade at Germantown

Purchased for $20.7 Million

Empirian Colonnade LLC and Bush Realty Colonnade LLC have purchased the Colonnade at Germantown multifamily development for $20.7 million, according to The Daily Ne...